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From the article: A $12 Billion Plan "Approved an investment to establish a wholly-owned subsidiary in Arizona, United States of America, with a paid-in capit
by jraby3 6y ago
From the article:
A $12 Billion Plan
"Approved an investment to establish a wholly-owned subsidiary in Arizona, United States of America, with a paid-in capital of US$3.5 billion (approximately NT$99.75 billion)," the statement by TSMC reads.
- mech422 6y agoFrom the first article I linked above: "a new North Phoenix manufacturing facility and up to 1,900 new local jobs over a five-year period. With an estimated 20-year economic impact of $38.2 billion, TSMC represents Arizona’s largest-ever foreign direct investment." From the second article I linked above: "ahead of its planned US$12 billion wafer fab north of the city. " So there seems to be some confusion... Edit: ahh the OP seems to be referring to just the first payments. The Toms Hardware article goes on to say: "In total, TSMC plans to spend $12 billion on its fab in Arizona from 2021 to 2029. The factory will employ about 1,600 people directly and thousands more indirectly." Edit: add quote from first link